The Board of Directors of
The report contains factual inaccuracies and analytical errors, together with false and misleading allegations, which are intended to adversely impact the Company's share price. The Company was not contacted in advance for any comment on the report.
The Company is confident in the strength of its business, financial performance and cash position.
On
Annual Recurring Revenue exceeding guidance and
Strong free cash flow growth ahead of guidance in FY23, up 26% to
c. 3,000 customers - industry-leading churn of only c3% p.a. on a dollar basis
The Company's transition to a recurring revenue business model continues at pace - 391 go-lives on our software in 2023
Significant progress on customer engagement, NPS score of +54 based on survey of over 900 customers
As previously announced, the management of Temenos will hold a Capital Markets Day for investors on
Investor & Media Contacts
Head of Investor Relations, Temenos
+44 207 423 3945
asnyder@temenos.com
+44 7920 087 914
conor.mcclafferty@fgsglobal.com
(C) 2024 Electronic News Publishing, source